$QTUM is a hybrid blockchain platform that combines the best features of Bitcoin and Ethereum, offering both the security of Bitcoin’s UTXO model and the flexibility of Ethereum’s smart contracts. Launched in 2017, it was designed to provide a scalable, secure, and business-friendly environment for decentralized applications and enterprise adoption. Its account abstraction layer allows seamless interaction between UTXO transactions and smart contracts, setting it apart from other blockchain networks.
The QTUM token is used for staking, securing the network through a proof-of-stake consensus mechanism, and paying transaction fees. Holders can also participate in governance, helping to guide the platform’s upgrades and ecosystem development.
With a strong focus on interoperability, lightweight infrastructure, and real-world use cases, QTUM continues to be a reliable blockchain for developers and enterprises seeking both efficiency and security.